Investment of $1 billion secured for the inventor of Figure AI's humanoid robot.
In the world of artificial intelligence (AI), Figure AI is making waves as a startup that produces human-like robots. Founded in 2022, the company has a lofty goal: to create general-purpose humanoid robots capable of thinking and learning like humans.
At the beginning of 2023, Figure AI announced a funding round, facilitated by Parkway Venture Capital, that raised an impressive $1.5 billion. The valuation of the company soared to $39.5 billion, as reported by Bloomberg in February 2023. Investors in this round included Brookfield Asset Management, Nvidia, Salesforce, Macquarie Capital, Align Ventures, Intel, and Qualcomm.
In February 2024, Figure AI secured additional investments from Microsoft, OpenAI, and Amazon, with a valuation of $2.6 billion. However, during the same year, the company decided to terminate its cooperation with OpenAI. Figure AI opted to focus on developing its own AI models instead.
The 2025 funding round, led by Parkway Venture Capital, saw a $1 billion Series C investment. This financing supported growth phases like humanoid robot expansion, AI platform Helix development, and BotQ production. The collaboration with OpenAI was ended before this funding round, with Figure achieving technological and financial progress independently afterward.
Figure AI's robots are designed for various applications, but specific details about their capabilities or uses are not provided in this article. The company's focus remains on creating humanoid robots that can think and learn like humans, setting them apart in the AI industry.
As of the events mentioned in this article, Figure AI's future plans and current status are not disclosed. However, the strong market confidence in Figure's technology and future integration into daily life is evident, as shown by the significant investments received.
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